[SCHEDULE 13D/A] Parke Bancorp Inc. SEC Filing
Amendment No. 6 to Schedule 13D discloses that four related reporting persons hold common stock of Parke Bancorp, Inc. The filing reports beneficial ownership based on 11,847,197 shares outstanding as of August 6, 2025. Jacob Shemer reports 549,053 shares with shared voting power (4.63%). Ron Shemer reports 557,453 shares including 549,053 shares with shared voting power (4.70%). RPS Master reports 540,103 shares (4.56%) held with sole voting and dispositive power. Alphabeta Ai Multi Strategy, LP holds 8,950 shares (0.08%). RPS Master used working capital for purchases. The reporting persons state the shares are held for investment purposes and may buy or sell depending on market and company developments. The filing also certifies no recent criminal or relevant civil judgments against the reporting persons.
- Clear disclosure of beneficial ownership by each reporting person with exact share counts and percentages
- No disclosed legal or criminal judgments affecting the reporting persons in the past five years
- Investment purpose stated and explicit acknowledgement that transactions may follow market and company developments
- Concentrated shared voting power (549,053 shares) among related parties which could enable coordinated influence if increased
- Materiality below common takeover thresholds (individual holdings under 5%), limiting immediate investor clarity about strategic intent
Insights
TL;DR: Multiple related investors disclose modest stakes (around 4.5% each) held for investment with potential future trading activity.
The Schedule 13D/A reveals coordinated ownership by related entities and individuals rather than a single controlling investor. Reported stakes range from 0.08% to 4.70%, below common 5% takeover thresholds, so the filing likely reflects monitoring and flexibility rather than an immediate control intent. The disclosure of working capital as the source for RPS Master indicates ordinary fund activity rather than an external financing event. For investors, this is informative about insider-affiliated ownership but not a definitive signal of strategic change.
TL;DR: Related parties report shared voting interests, raising governance monitoring needs but no stated control plan.
The filing shows shared voting power concentrated among related reporting persons, notably 549,053 shares identified as shared voting power. While aggregated percentages remain under 5% for individual entities, the combined holdings and shared voting arrangements merit attention for governance analysis because coordinated action could influence shareholder matters if stakes increase. The filing states no present plans to pursue control actions and confirms no disqualifying legal history, which reduces immediate governance red flags.